November 30, 2018
Africa: African Development Bank Issues First Ever Sofr-Linked Transaction in Green Bond Market
On Tuesday 27 November 2018, the African Development Bank rated Aaa/AAA/AAA by Moody's/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500 million 3-year and US$… Read more »
Africa: Interview With Seyni Nafo, African Ambassador to Cop24
"To combat climate change, African countries need to develop their own resource-mobilization strategies" Read more »
Kenya: African Development Bank Group Approves U.S.$18.17 Million for the Kopere Solar Project in Kenya
The African Development Bank Group has approved a US$ 18.17 million senior loan to the 40 MWac (50MWp) Kopere Solar Power Project owned by Voltalia, an international player in the… Read more »
November 29, 2018
Africa: PIDA Week 2018 - Experts weigh Africa's infrastructure needs against rapid urbanization and growing population
Despite challenges, "PIDA is already moving the development needle," African Development Bank expert says. Read more »
November 28, 2018
Africa: 2018 African Economic Conference in Kigali - Together for a Common Purpose to Achieve an Outcome
If you have visited Rwanda, no doubt you would have heard of Umuganda, a vast clean-up operation that takes place every last Saturday of the month. The transformative civic… Read more »
Cameroon: African Development Bank Approves €17.96 Million Ring-Road Project to Improve Socio-Economic Growth in the North-West Province
The African Development Bank has approved a €17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of… Read more »
Africa: African Countries Are Becoming More Open to Each Other, 2018 Africa Visa Openness Report Shows
The year 2018 is a landmark chapter in Africa's regional integration efforts. The launch of the African Continental Free Trade Area and the Single African Air Transport Market are… Read more »
November 27, 2018
Africa: African Development Bank Supports Entrepreneurship in Transition States Through Equity Investment in Trade and Development Bank
The Board of Directors of the African Development Bank has approved an additional equity investment of US$ 25 million in Trade and Development Bank (TDB) to enhance the latter's… Read more »
Africa: African Development Bank Partners With Entreprenarium Foundation to Train 1,000 Women Entrepreneurs in Africa
As part of its Affirmative Finance Action for Women in Africa (AFAWA) program, the African Development Bank is partnering with Entreprenarium Foundation to train 1,000 women… Read more »
Africa: The 2018 Programme for Infrastructure Development in Africa Week Opens
Smart infrastructure investments underpinned by solid governance mechanisms and strategic partnerships, will be crucial to accelerating Africa's regional connectivity and… Read more »
November 26, 2018
Africa: The Challenge for a Fair Deal in Climate Financing
Climate financing by the African Development Bank and the world's other largest multilateral development banks rose by a record 28% to US$35.2 billion in 2017 from the previous… Read more »
Mozambique: Mozambique Making Considerable Economic and Social Progress, Says African Development Bank Country Report
Mozambique has made significant strides despite an economic slump over the past two years, according to the latest African Development Bank Country Result Brief. Read more »
Africa: Engaging Private Sector in Financing Local Climate Adaptation
"I nearly lost everything this year, when my rice farm almost collapsed during an unprecedented drought." Mrs. Sacca has been farming rice for the past seven years on her two… Read more »
November 27, 2018
Africa: Alsf Management Board Adopts 2019 Work Plan and Budget
The Management Board of the African Legal Support Facility (ALSF) met on 26h November 2018 in Abidjan, Côte d'Ivoire, to discuss the 2017 ALSF Effectiveness Review and assess… Read more »
November 29, 2018
Africa: African Development Bank's Staff Council and Lion's Club Join Forces to Clean-Up Attecoube, Ivorian Community Hit By Flood
As part of activities marking the 2018 Corporate Social Responsibility (CSR) Day, the Staff Council (SCO) of the African Development Bank will, on November 29, 2018 launch a vast… Read more »
November 22, 2018
Africa: Akinwumi Adesina, Spearheading Good Governance By Leading Agricultural Innovation and Economic Growth of Africa
As an agricultural economist, Dr. Akinwumi Adesina has been a leader in agricultural innovation for over 30 years. He has contributed greatly to food security in Africa, aimed at… Read more »
Burundi: African Development Fund Approves U.S.$322 Million for Road Upgrading Project in Burundi and Tanzania
The Boards of Directors of the African Development Bank Group have approved US$322.35 million loans and grant to Burundi and Tanzania to finance the Rumonge-Gitaza (45 km) and… Read more »
December 04, 2018
Africa: African Development Bank to Unveil New Multi-Sectoral Nutrition Action Plan
The African Development Bank is organizing regional dissemination events to share its newly adopted Multi-Sectoral Nutrition Action Plan (2018-2025) and secure stakeholders buy-in… Read more »
November 21, 2018
Africa: Pida Week 2018 - Good Governance Key to Regional Integration, Says African Development Bank Director for Regional Development and Regional Integration, Moono Mupotola
In this interview ahead of the 2018 Programme for Infrastructure Development in Africa (PIDA) Week taking place on 26 - 29 November 2018 in Victoria Falls, Zimbabwe, the African… Read more »
November 19, 2018
Kenya: Kenya Receives New €235 Million Loans From African Development Bank to Complete Thwake Dam
The African Development Bank's Board of Directors has approved two loans worth €235.763 million for the completion of construction work on Thwake dam on Thwake River in… Read more »
November 21, 2018
Africa: African Development Bank Marks Toilet Day With Us$500 Million Commitment to New Sanitation Funding
As the African Development Bank joined the international community to observe World Toilet Day on November 19, the organization is putting considerable financial muscle into the… Read more »
November 22, 2018
Southern Africa: African Development Bank to Showcase Business Opportunities in Southern Africa
The African Development Bank's Business Opportunity Seminar (BOS), an initiative to enhance private sector development in key sectors for inclusive economic transformation, is… Read more »
November 19, 2018
Africa: African Development Bank Group Approves U.S.$123 Million Grant for Ethiopia's Basic Services Transformation Programme
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, has approved additional resources to Ethiopia's Basic… Read more »
November 16, 2018
Africa: Women Must Redesign the Table, and Not Just Expect to Be At the Table, Says Ģraça Machel
Dame Ģraça Machel, one of Africa's foremost advocates for the rights of women and children, has called on African women and policy makers to challenge gender inequality and… Read more »
Africa: African Development Bank to Play Bigger Role in African Economies By Investing in Infrastructure Private Equity
The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended… Read more »